FY2027 budget

Gov. Mikie Sherrill holds a news conference in the rotunda at the State House in Trenton on June 30, 2026, after the Fiscal Year 2027 budget was passed by the legislature.
Jul 13, 2026

NJ budget debate continues after $60.7B spending plan signed

Debate continues over New Jersey's $60.7B budget as leaders tout affordability while critics question business costs and transparency.

Gov. Mikie Sherrill holds a news conference in the rotunda at the State House in Trenton on June 30, 2026, after the Fiscal Year 2027 budget was passed by the legislature.
Jul 1, 2026

Reaction pours in after Sherrill signs $60.7B NJ budget

Business groups, lawmakers and advocates react after Gov. Mikie Sherrill signs New Jersey's $60.7 billion FY2027 budget.

Gov. Mikie Sherrill holds a news conference in the rotunda at the State House in Trenton on June 30, 2026, after the Fiscal Year 2027 budget was passed by the legislature.
Jun 30, 2026

Sherrill signs New Jersey’s $60.75B state budget (updated)

Gov. Mikie Sherrill signs New Jersey's $60.75B state budget, funding property tax relief, schools and affordability initiatives.

Gov. Mikie Sherrill gives her first Budget Address in the Assembly Chambers of the State House in Trenton on March 10, 2026.
Jun 29, 2026

NJ lawmakers advance $60.75B budget after rare Sunday session

New Jersey lawmakers advanced the $60.75 billion FY2027 budget following a rare Sunday session and setting up final votes before the June 30 deadline.

Jersey City skyline
Jun 29, 2026

Jersey City lands $120M state budget lifeline

Jersey City lands a $120 million state budget package of aid and loans, easing a $255M deficit and avoiding steep tax hikes and cuts.

Gov. Mikie Sherrill gives her first Budget Address in the Assembly Chambers of the State House in Trenton on March 10, 2026.
Jun 24, 2026

OPINION: Sherrill’s 1st budget delivers for small businesses

Clinton Mayor Janice Kovach says Gov. Mikie Sherrill's first budget lowers business costs and protects small-business tax relief.

Gov. Mikie Sherrill gives her first Budget Address in the Assembly Chambers of the State House in Trenton on March 10, 2026.
Jun 23, 2026

NJ leaders reach deal on $60.7B budget plan

With the June 30 deadline approaching, Gov. Sherrill and legislative leaders have reached a deal on a $60.7 billion New Jersey state budget, restoring some Stay NJ funding and tax relief.

Gov. Mikie Sherrill gives her first Budget Address in the Assembly Chambers of the State House in Trenton on March 10, 2026.
May 21, 2026

NJ tax collections boost Sherrill budget outlook

New Jersey tax collections beat forecasts, lowering the FY2027 deficit and increasing the projected budget surplus.